G'day guys,
I looked at this one during the "IPO".
I put aside the PUL considerations (I am one of the few, it seems, that didnt get burnt with this one).
As I know nothing about dentistry I passed the float docs onto a fellow investor who happens to be a dentist. His basic comment was that he didnt believe that the savings through consolidation expressed could be achieved.
I decided to give it a miss. The reason that I was first interested was that the sponsoring broker was Lodge Partners.
Of course none of the above means that you shouldnt trade it on your TA (alpha?), just don't look for a huge long term windfall (imho)
Just my tuppence worth.
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